By Sofia Gancedo | Bricksave
January 26, 2024
News > Press Article > Investing to beat inflation
Recently the Colombian National Administrative Department of Statistics (DANE) released the Consumer Price Index for 2023. We could say that the year-on-year figure is encouraging for the vast majority of Colombians: 9.28%, a reduction of 3.84 points in relation to 2022.
Lower prices are always good news for consumers' pockets, especially if we consider that in March this year the annual record in Colombia was above 13%. There is, however, another perspective: that of the investor. Those who are fortunate enough to have a little bit of savings seek to safeguard their money in strong currencies with little fluctuation.
Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.
